Post Utme Aaua 2024 Accounting Question 4

Practice objective / multiple choice question 4 from the 2024 Post Utme Aaua Accounting examination.

Post Utme Aaua 2024 Accounting Objective / Multiple Choice

Question 4 POST_UTME_AAUA • 2024 • ACCOUNTING • objective

A company uses the single-entry system of accounting. Prepare the journal entry to record the following transaction: Sale of goods for 10,000.

Correct Answer A. Debit Sales 10,000, Credit Cash 10,000

B. Debit Cash 10,000, Credit Sales 10,000

C. Debit Sales 10,000, Credit Purchases 10,000

D. Debit Purchases 10,000, Credit Sales 10,000

Correct Answer

Correct Option:

Debit Sales 10,000, Credit Cash 10,000

This is Post Utme Aaua 2024 Accounting Question 4. It is one of the objective questions from the 2024 Post Utme Aaua Accounting examination.

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